Panama City, FL 32405,1602 Martin Luther King BLVD
Panama City, FL 32405,1602 Martin Luther King BLVD
Panama City, FL 32405,1602 Martin Luther King BLVD
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$1,400,000
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2,875 SqFt
Pending

1602 Martin Luther King BLVD Panama City, FL 32405

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UPDATED:

02/12/2025 02:01 AM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Pending

Purchase Type For Sale

Square Footage 2,875 sqft

Price per Sqft $486

Subdivision No Named Subdivision

MLS Listing ID 746912

HOA Y/N No

Year Built 1963

Lot Size 1.860 Acres

Acres 1.86

Property Sub-Type Office

Property Description

This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area. Office has a standing seam metal roof from 2022, hot water heater 2022, HVAC 2022. Office also features an icehouse where team members can fill up coolers before going into the field. Wearhouse building has 7 roll up bay doors, 3 of which are 16ft power roll up bay doors. Wearhouse building has a 2019 screw down metal roof. This property features 37 parking spaces with plenty of room for additional parking, as well as plenty of room for additional building and expansion. No detail was spared to make this a functional and efficient commercial use property. Note there is a new survey denoting where a portion of the frontage was sold to DOT, that can be referenced. When the DOT takes over this section, they have agreed to make all necessary repairs and renovations as a remedy.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Metal

Accessibility Accessible Approach with Ramp

Building

Lot Description Cleared

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Cedar Grove

Middle Schools Mowat

High Schools Bay

Others

Tax ID 14494-000-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Listed by EXP Realty LLC

Learn More About LPT Realty

agent

Kevin Dehlinger

Agent | License ID: SL3413116

+1(850) 502-0674

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1602 Martin Luther King BLVD